This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In preparing the first two closing entries, to which of the following columns of the work sheet does ... (Read 132 times)

Diane

  • Hero Member
  • *****
  • Posts: 576
on: Jul 6, 2018
In preparing the first two closing entries, to which of the following columns of the work sheet does one refer?
 a. Balance Sheet columns
   b. Adjusted Trial Balance columns
   c. Income Statement columns
   d. Trial Balance columns
   e. Adjustments columns

Question 2

Which of the following methods is used in combination with net asset value method in the absence of valid market comps?
 
  A) capitalization of earnings method
  B) guideline transaction method
  C) dividend payout method
  D) earnings payout method


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sarah_brady415

  • Sr. Member
  • ****
  • Posts: 328
Reply #1 on: Jul 6, 2018
Answer to Question 1

c

Answer to Question 2

A
Explanation: A) In practice, absent valid market comps, forensic accountants most commonly use the NAV method (which establishes a floor) in combination with the COE method.


Diane

  • Member
  • Posts: 576
Reply 2 on: Jul 6, 2018
:D TYSM

irishcancer18

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Using a step stool to work on the spine Using a step stool to work on the spine
Preparing Canapés ( 2 of 5) Preparing Canapés ( 2 of 5)
Where do Psychological Practitioners Work? Where do Psychological Practitioners Work?
Please show all your work (4 marks) Please show all your work (4 marks)
An automobile engine provides 524 Joules of work to push the pistons and generates 2160 Joules ... An automobile engine provides 524 Joules of work to push the pistons and generates 2160 Joules ...
How do resultant force work among different angles? How do resultant force work among different angles?
Video: Corpus Callosum Animation

For a complete list of videos, visit our video library